Weaver, AL Economy


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Weaver, AL is a great place to live if you are looking for a more affordable living option. The 2 bedroom rent in Weaver is $940 compared to the national average of $1,430, so it provides residents with a much more economical choice. It also has an overall grocery cost index that is 93 versus the US's 100, which further drives down living costs. In terms of local businesses, Weaver offers several options such as Hudson's Grocery Store and Fowler Electronics. Despite being more economically sound than the United States on average, Weaver still provides its residents with plenty of services and amenities necessary for comfortable living.

Weaver has an unemployment rate of 3.9%. The US average is 6.0%.

Weaver has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.

Tax Rates for Weaver
- The Sales Tax Rate for Weaver is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Weaver is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Weaver
- The average income of a Weaver resident is $21,002 a year. The US average is $28,555 a year.
- The Median household income of a Weaver resident is $66,990 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWeaver, AlabamaUnited States
  3.96
  -3.3%-6.2%
  29.3%33.5%
  10.0%6.2%
  5.0%4.6%
  $24,040$37,638
  $66,990$69,021
  $95,353$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  11.6%6.8%
  10.0%10.0%
  3.3%2.5%
  7.5%11.0%
  5.3%4.8%
  4.7%0.8%
  1.2%1.9%
  0.4%4.7%
  0.7%1.9%
  0.7%7.6%
  0.0%0.1%
  3.7%4.2%
  18.6%9.3%
  13.2%14.0%
  1.7%2.1%
  3.3%7.0%
  4.9%4.8%
  9.0%4.7%
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